A new report of BBC Research expects that the drone technology market will grow by 80% in revenue between 2020 and 2025.
The worth of the global drone technology market was $30 billion in 2020 and the study predicts that this will rise up to $54.6 billion by 2025. When producing the predictions, the study considered market size, market forecast, and market share.
Besides, the study shows that the sectors of entertainment and defence have high growth potential. The entertainment sector is expected to grow from $4.4 to $9.1 billion between 2020 and 2025, and the defence sector is projected to rise from $17.7 to $29.6 billion.